YEARLY HIGH
3445.8549 GNF
YEARLY LOW
2974.3734 GNF
YEARLY AVERAGE
3157.8510 GNF

2019 TND to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3445.8549. Conversely, the yearly low was recorded on February 21, dropping to 2974.3734.

This high-to-low spread represents a total annual volatility of 471.4814 GNF. From a start-to-finish perspective, comparing the January average rate of 3091.5445 to the December average rate of 3340.4446, the exchange rate registered a net change of 8.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3445.8549 was down 9.48% compared to the 2018 peak of 3806.6152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 17,229,274 GNF
2018 Average 17,247,836 GNF
Yearly Trough Low 14,871,867 GNF
Transaction Impact: A difference of 2,357,407.17 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3371.4465
2999.4238
JanuMarcMayJulySeptNove

TND to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3064.9559, compared to 3250.7462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 185.7903 points.

H1 Avg (Jan–Jun) 3064.9559
H2 Avg (Jul–Dec) 3250.7462

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 192.3909 GNF (High: 3239.1931 / Low: 3046.8021). On the other end, April was the most stable month, with a tight range of 45.7455 GNF (High: 3062.2386 / Low: 3016.4932).

June Spread (Volatile) ±192.3909
April Spread (Stable) ±45.7455

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 45.7580 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -45.7580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 3340.4446) against the same month in 2018 (average: 3112.1951), the exchange rate shifted by +228.2495 (+7.33%).

2019 Avg (December) 3340.4446
2018 Avg (December) 3112.1951

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3122.4520 3004.8559 3091.5445
February 3104.6866 2974.3734 3045.7865
March 3063.8363 2990.7817 3030.4257
April 3062.2386 3016.4932 3040.3924
May 3083.4355 3031.5345 3057.6576
June 3239.1931 3046.8021 3123.9286
July 3224.7741 3175.8483 3198.3251
August 3232.2481 3157.8594 3209.4245
September 3235.1204 3181.2181 3218.0267
October 3279.2345 3213.5451 3253.7319
November 3347.2429 3178.2009 3284.5243
December 3445.8549 3300.9454 3340.4446